For founders applying artificial intelligence to supply chain visibility, optimization and improvement.v
AWL-Electricity has developed a solution to transfer electricity wirelessly over long distances in a more effective way in terms of distance, power and efficiency than anything currently available on the market. The venture’s solution consists of a transmitter and receiver integrated within the devices requiring power.
Femtum brings the first generation of mid-infrared fiber lasers to the market. These lasers increase the yield and ROI for their clients in the high-tech manufacturing sectors (thin films, semiconductors, medical and photonic devices). They also enable new precision applications for the next generation of medical and electronic devices, the biotech industry, and the scientific/R&D markets.
Maxa AI offers an AI analytics software suite that runs alongside a company’s enterprise resource planning (ERP) and core transactional systems to automate monitoring, forecasting, and provide advanced business analytics. Maxa AI enables the extraction of deep and actionable insights from captive information.
Pathway offers an AI-based analytics engine platform for data from Things in Motion. Tailored for transport and logistics, it allows users to extract valuable insights from spatio-temporal data to improve operations, reduce costs, and meet the challenges of digital and sustainability transitions. The cloud-native application is no-code, powerful, and fully automated.
niosense provides infrastructure as a service (IaaS) to commercial fleet owners and operators to enable vehicles interaction with traffic signals and facilitate their movements in urban environments. Niosense helps to prevent unnecessary stops of vehicles, save time, improve road safety and reduce GHG emissions of transportation. The venture strives to help the 300M commercial vehicles worldwide to optimize their operations costs by 20%, helping them deliver more for less while providing clear benefits to cities and their citizens.
Optimate is developing a last-mile logistics operating system that automates dispatching, scheduling, and fleet management processes. The company helps mid-size logistics providers and delivery services make real-time, optimized dispatching decisions, thereby reducing operating costs and ensuring on-time delivery.
PAXAFE is a supply chain technology company that leverages near real-time telematics, third-party and enterprise resource planning (ERP) data to provide a digital twin to the physical supply chain. By contextualizing supply chain data at a more accurate and granular level, PAXAFE’s intelligence platform, CONTXT, develops increasingly accurate prediction models, such as PAXAFE PTA and PAXAFE ATP, pertaining to product condition and delivery of perishable and valuable cargo. CONTXT can be used as a SaaS-only, device-agnostic platform, or with PAXAFE’s IoT devices as it decreases product loss while improving operational efficiency.
PemPem is building a mobile supply chain management software that enables micro-enterprises in commodity supply chains (i.e. farmers, transporters, aggregators) to optimize their transactions, payments and operations. Its current product is focused on the palm oil supply chain in Indonesia.
PowerTree has developed software to document and maintain electrical distribution systems for better safety and accuracy. The core technology combines data extraction with computer vision to extract information into a self-serve platform for electricians and engineers to collaborate. This allows electricians and building managers to quickly access reliable drawings, saving them time, money, and improving electrical safety compliance.
Talyn Air has developed a two-vehicle, staged electric vertical take-off and landing (eVTOL) aircraft system inspired by two-stage rockets. It can achieve three times the range of any other battery-powered eVTOL aircraft due to its unique architecture.
The Rubic is developing Freedom Pick, a goods-to-person delivery robot for supply chain and warehouse automation. Freedom Pick has been designed from the ground up to work with a proprietary AI vision system, allowing warehouses to achieve the highest density in the market, reducing operational cost, and improving throughput and efficiency.
PemPem is transforming upstream commodity supply chains from an inefficient pen-and-paper model to a data-driven, productive and traceable one. The venture is building a mobile supply chain management software that enables micro-enterprises in commodity supply chains like farmers, transporters and aggregators to optimize their transactions, payments and operations. The current product is focused on the palm oil supply chain in Indonesia.
PemPem had a product that was not yet monetized when it joined CDL-Montreal’s Supply Chain stream. At the time, PemPem had not raised funding and didn’t have any clients. CDL mentors including Rhiannon Davies, Cassandra Carothers, Andrew Waitman, Chris Neumann, Alison Sunstrum and Sophie Forest worked with the company on its financing and product. “Our current product that’s out there is one that required a fair amount of design,” said founder and CEO Joann de Zegher. CDL mentors helped the company think through questions like: Why is this the right product now? How can the existing product be monetized quickly? Mentors also supported the company in structuring its funding strategy.
PemPem successfully monetized its product and signed its first clients while it was in CDL. Its second product launch is coming soon. PemPem also raised a pre-seed round of USD $1.3 million during its time at CDL, which included participation from an investor de Zegher met through CDL. The company is currently raising a seed round and is looking for between USD $2.5 million and $3 million in funding.
This is a rather interesting tech story. The space is going from 0 to 1 - infinity percent growth. Tech infrastructure is solid.
Kory Mathewson • Scientist, CDL-Montreal May 5, 2022 @ 3:36 PM ET